As EUR touches the trend line, i think it would go down again. I don't think EUR has its direction already, so i make my bet on its trendline resistance. This would be a quick SHORT order, with clear TP and SL.
SL: 1.1005
TP1: around 1.0883 or touching trend line 1
TP2: around 1.845 or touching trend line 2
Let's see.
SL: 1.1005
TP1: around 1.0883 or touching trend line 1
TP2: around 1.845 or touching trend line 2
Let's see.
Trade closed manually
TP1 hit. EUR shows strong support. Trade close.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.